BENEFITS OF A POLICY

1. It enables the client to have a disciplined way of accumulating money.

2. It guarantees the family (beneficiary) financial stability in the event of death or
disability of the client.
3. The policy earns an estimated reversionary bonus rate of 3% per annum on the
sum assured after an actuarial valuation of the life fund. Furthermore, an
additional terminal bonus of 100% of the reversionary bonus allocated is also paid
on maturity or death, thereby resulting to 6% total interest.
4. If the client incorporates waiver of premium on disability, ICEA LION assumes
the responsibility of paying for future monthly contributions in the event of
disability.
5. The policy is a modern way of creating peace of mind for future goals. It enables
the client to enjoy the finer things in life since there will be money readily
available after maturity.
6. It allows the client to diversify his/her income in other areas of investment
because the client can count on the maturity as a source of capital.
7. The policy contract can be used as a surety in Kenyan courts of law as well as
collateral (security) in any financial institution for loan.
8. The policy offers soft loan after being in force for 3yrs without security or
guarantors.
9. The plan enables the country to create a financially stable population.
10. The policy improves the future retirement living of the client because of
availability of funds.
11. The policy creates future estates for the parent and their children thus reducing
over dependence.
12. The policy offers flexibility, in that the client can increase or reduce premiums
and terms provided there is a written instruction, manually or on email. The parent
can also pay premiums in advance without penalties.
13. The policy holder enjoys 15% tax relief.
14. At maturity you get a Tax free fund.